Opinions by Allan Meyer | StockChase
166
Allan Meyer

VP & Portfolio Manager

ON STOCKCHASE SINCE Apr 2004

Wickham Investment Counsel


Opinions by Allan Meyer


Signal Opinion Expert Chart
       

2015-11-24

TOP PICK
DH Corporation (DH-T (Dead))

(A Top Pick July 22/15. Down 18.83%.) Got hit by Shorts from a hedge fund, which was unwarranted. Management did a fairly good job of fending off their criticism. Have been aggressively paying down their debt. Dividend yield of 3.83%.

other services
Allan Meyer

VP & Portfolio Manager, Wickham Investment Counsel

Price: $33.270
Owned: Yes

Must be logged in to use chart

2015-11-24

COMMENT
Dollarama Inc. (DOL-T)

Would you average up? He loves this company. It has a pretty high PE ratio, so if they should disappoint on their earnings as some point, you could see a pretty good correction. Have been delivering on the results and have done a wonderful job. He would hesitate to average up at this point.

Consumer Products
Allan Meyer

VP & Portfolio Manager, Wickham Investment Counsel

Price: $89.090
Owned: No

Must be logged in to use chart

2015-11-24

COMMENT
Enbridge (ENB-T)

Debt levels to equity are way too high for his portfolios. He is a little concerned about how they have low interest coverage at this point. A great, stable business, but paying out a little bit more on the dividend, so the payout level is high. They either have to grow the business or cut the dividend.

oil/gas pipelines
Allan Meyer

VP & Portfolio Manager, Wickham Investment Counsel

Price: $48.710
Owned: No

Must be logged in to use chart

2015-11-24

COMMENT
Great West Lifeco (GWO-T)

Great West Life (GWO-T), Manulife (MFC-T) or Sun Life (SLF-T) for the best upside? That’s a tough question, because he likes all 3. Insurance companies will do well in the economy he sees going forward. Lifecos have a little bit more torque on the upside with rising interest rates. Right now Manulife would be his favourite.

insurance
Allan Meyer

VP & Portfolio Manager, Wickham Investment Counsel

Price: $35.590
Owned: Yes

Must be logged in to use chart

2015-11-24

COMMENT
Hudson Bay Co. (HBC-T)

This is like having 2 faces. One side retail and one side real estate. It looks like it is reasonable value on a real estate basis, and that you are buying the rest of the operations for free. Doesn’t rank really well on a P/E basis as a retailer, but as real estate it looks quite reasonable. Analysts have been increasing their estimates on this. Looks interesting here.

department stores
Allan Meyer

VP & Portfolio Manager, Wickham Investment Counsel

Price: $21.040
Owned: No

Must be logged in to use chart

2015-11-24

COMMENT
Manulife Financial (MFC-T)

Great West Life (GWO-T), Manulife (MFC-T) or Sun Life (SLF-T) for the best upside? That’s a tough question, because he likes all 3. Insurance companies will do well in the economy he sees going forward. Lifecos have a little bit more torque on the upside with rising interest rates. Right now this would be his favourite.

insurance
Allan Meyer

VP & Portfolio Manager, Wickham Investment Counsel

Price: $21.750
Owned: Yes

Must be logged in to use chart

2015-11-24

COMMENT
Magna Int'l. (A) (MG-T)

There has been some weakness recently and it looks like there is some very good value at this point.

Automotive
Allan Meyer

VP & Portfolio Manager, Wickham Investment Counsel

Price: $59.410
Owned: Yes

Must be logged in to use chart

2015-11-24

TOP PICK
Genworth MI Canada Inc. (MIC-T)

Default mortgage insurance providers.  Likes the dividend yield of 5.66%. Cheap on a PE basis at about 8X. Also, trading below BV. There is a large Short position on this, which could result in a very nice upside as the Shorts are focusing too much on the valuation of the housing market. There are definitely pockets in Toronto and Vancouver, but doesn’t feel this is a problem for this company.

Allan Meyer

VP & Portfolio Manager, Wickham Investment Counsel

Price: $29.680
Owned: Yes

Must be logged in to use chart

2015-11-24

PAST TOP PICK
Richelieu Hardware (RCH-T)

(A Top Pick July 22/15. Up 8.28%.) This does the supplying into retail hardware stores.

Allan Meyer

VP & Portfolio Manager, Wickham Investment Counsel

Price: $70.650
Owned: Yes

Must be logged in to use chart

2015-11-24

BUY
Royal Bank (RY-T)

Hold or switch to a US bank? You have to have some Canadian banks and this is one that he would definitely be buying. Doesn’t think the banks are going to give us spectacular growth, but they will give us solid performance. You will see dividend increases going forward.

banks
Allan Meyer

VP & Portfolio Manager, Wickham Investment Counsel

Price: $75.260
Owned: Yes

Must be logged in to use chart

2015-11-24

COMMENT
Sun Life Financial Inc (SLF-T)

Great West Life (GWO-T), Manulife (MFC-T) or Sun Life (SLF-T) for the best upside? That’s a tough question, because he likes all 3. Insurance companies will do well in the economy he sees going forward. Lifecos have a little bit more torque on the upside with rising interest rates. Right now Manulife would be his favourite.

insurance
Allan Meyer

VP & Portfolio Manager, Wickham Investment Counsel

Price: $43.740
Owned: Yes

Must be logged in to use chart

2015-11-24

COMMENT
Superior Plus Corp (SPB-T)

Has a pretty healthy PE ratio. Dividend yield of 7%+ and ranks pretty well on his metrics. However, analysts have been bringing their estimates down recently, so he would be careful in the short term.

wholesale distributors
Allan Meyer

VP & Portfolio Manager, Wickham Investment Counsel

Price: $10.240
Owned: No

Must be logged in to use chart

2015-11-24

DON'T BUY
Student Transport of America Ltd. (STB-T)

Not a fan of this. Ranks reasonably well. Has such a large P/E ratio that he has been scared off. Book Value has been written down to practically nothing. Analysts have been cutting back on their estimates too, so be careful.

Transportation
Allan Meyer

VP & Portfolio Manager, Wickham Investment Counsel

Price: $5.440
Owned: No

Must be logged in to use chart

2015-11-24

COMMENT
Telus Corp (T-T)

Great company. Probably a little bit growthier than some of the others. On his Safety & Value strategy, it rates very, very well, probably in the top quartile of the names that he is looking at.

telephone utilities
Allan Meyer

VP & Portfolio Manager, Wickham Investment Counsel

Price: $41.330
Owned: Yes

Must be logged in to use chart

2015-11-24

COMMENT
Tourmaline Oil Corp (TOU-T)

Over 80% in natural gas. If you have a longer timeframe, this is definitely one of those companies he would consider buying if natural gas prices turn up. Well managed. They keep their cost structure way down. It might be a year before you see any movement in natural gas prices.

oil/gas
Allan Meyer

VP & Portfolio Manager, Wickham Investment Counsel

Price: $25.730
Owned: Unknown

Must be logged in to use chart
Showing 61 to 75 of 166 entries
<< < 3 4 5 6 7 > >>

No Comments.


You must be logged in to comment.

Successfully Saved Company